TSLA 4hr Chart- Bullish Setup in Motion Ahead of Earnings Tesla (TSLA) is showing real strength heading into earnings week, closing Friday around $439.31 (+2.46%) with solid momentum. On the 4-hour chart, we’ve been trading inside a descending channel, and that’s important because while it may look bearish at first, this type of channel often leads to bullish breakouts once volume and structure align.
Right now, price is testing the upper side of that channel with a clean bounce from the recent demand zone and reclaiming both the 10 and 20 EMAs. That’s a strong technical sign heading into Monday.
Technical Breakdown
Pattern: Descending Channel (Bullish Continuation Potential)
Trend: Uptrend Confirmed
Momentum: Strong Buy (MAs showing 93.33%)
Oscillators: Leaning Bullish (27.27% Buy Bias)
Entry Zone: Around $435 – $438 (breakout retest area)
Stop Loss: Near $428 (below 61.8% Fib retracement)
Targets:
TP1 → $444.76
TP2 → $454.15
Extended Target → $469.95 (premium supply zone)
Resistance to Watch:
$443.52 – prior swing high
$454.15 – Fib confluence
$469.95 – premium zone and potential top block
Support Levels:
$428 – key breakout retest
$414 – lower boundary of the channel
$401 – major structure support
Heading Into Monday
Bulls are clearly back in control. The chart shows a steady reclaim of momentum with higher lows forming and volume starting to pick up. If price holds above $435, we could see continuation toward $444 – $454 early in the week. A breakout above $443.52 with strong volume would confirm that shift in momentum toward the next leg up.
If we see a short-term dip, I’ll be watching $428 – $414 as the key demand zone where buyers might reload before earnings.
Final Thoughts
Don’t sleep on descending channels — they often set up the biggest bullish reversals once the breakout happens. TSLA is sitting in that pocket right now, with multiple indicators flashing Strong Buy across timeframes. As long as $435 holds, this setup continues to favor the bulls into earnings.
Bias: Bullish
Timeframe: 4H leading into Monday
Expect some volatility, but the trend remains intact and momentum looks healthy.
📘 This is for educational purposes only and not financial advice. Always do your own research before making any trade decisions.
